Short Interest in iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) Decreases By 69.4%

iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) saw a significant decline in short interest in February. As of February 13th, there was short interest totaling 1,464 shares, a decline of 69.4% from the January 29th total of 4,781 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 13,173 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 13,173 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

iShares Global Consumer Discretionary ETF Stock Down 0.4%

RXI traded down $0.74 during midday trading on Friday, reaching $205.21. The company had a trading volume of 3,876 shares, compared to its average volume of 13,556. The business has a 50-day moving average of $207.34 and a two-hundred day moving average of $205.06. iShares Global Consumer Discretionary ETF has a 1 year low of $155.32 and a 1 year high of $213.77. The company has a market cap of $277.03 million, a P/E ratio of 19.64 and a beta of 1.07.

Institutional Investors Weigh In On iShares Global Consumer Discretionary ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Flow Traders U.S. LLC purchased a new position in iShares Global Consumer Discretionary ETF during the third quarter valued at approximately $4,061,000. Strengthening Families & Communities LLC purchased a new position in shares of iShares Global Consumer Discretionary ETF during the 3rd quarter valued at $118,000. Jones Financial Companies Lllp boosted its holdings in iShares Global Consumer Discretionary ETF by 14.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 3,311 shares of the company’s stock worth $684,000 after buying an additional 414 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its holdings in iShares Global Consumer Discretionary ETF by 31.7% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,382 shares of the company’s stock worth $423,000 after buying an additional 574 shares during the period.

About iShares Global Consumer Discretionary ETF

iShares Global Consumer Discretionary ETF (the Fund), formerly iShares S&P Global Consumer Discretionary Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global 1200 Consumer Discretionary Sector Index (the Index). The Index measures the performance of companies that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P) deems to be part of the consumer discretionary sector of the economy and that S&P believes are important to global markets.